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families who do not return those investments in order to prevent their own possibilities of receiving future remittances and … investments from being adversely affected. We find that in equilibrium we can have remittances to be invested and given back to … the migrant and remittances for private consumption by the migrant's family even in the complete absence of altruism on …
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Quite often established migrants offer assistance and support that facilitate the arrival of new migrants. Why would migrants want other migrants to join them - so much so as to be willing to pay for them to come? We suggest a rationale. Our modeling framework is capable of explaining several...
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